Simon Property Group Surges to 294th in Trading Volume Despite Stock Decline

On May 30, 2025, Simon Property Group (SPG) experienced a significant increase in trading volume, with a total of 5.78 billion shares exchanged, marking a 164.87% rise from the previous day. This surge in trading volume placed SPG at the 294th position in terms of daily trading volume. However, despite the high volume, the stock price of SPG decreased by 0.10%.

Simon Property Group Inc has been downgraded to a sell candidate due to weaker technical forecasts. The stock price fell slightly on May 30, 2025, from $163.23 to $163.07, with a daily fluctuation of 1.41%. Although the stock has seen a slight increase over the past two weeks, the recent volume increase on falling prices may indicate an early warning sign. The stock is currently in the upper part of a wide and falling trend, suggesting a potential selling opportunity for short-term traders. Analysts predict a -5.72% decline in the next three months, with a 90% probability that the stock will trade between $126.72 and $159.60 by the end of this period.

The stock has mixed signals, with a sell signal from a pivot top point on May 12, 2025, and a sell signal from the 3-month Moving Average Convergence Divergence (MACD). However, there are buy signals from both short and long-term moving averages, indicating a positive forecast for the stock. Support levels are at $160.08 and $157.98, with a breakdown below these levels issuing sell signals. The stock finds support from accumulated volume at $160.88, which may present a buying opportunity as an upward reaction can be expected when the support is tested.

For the upcoming trading day on June 2, 2025, the stock is expected to open at $162.45, with a possible trading interval of +/-$3.98 (+/-2.44%) up or down from the last closing price. However, due to the stock being closer to the resistance level at $164.80 than the support level at $160.88, the trading risk/reward intra-day is not considered attractive. Additionally, a dividend of $2.10 is coming up for SPG, with an ex-dividend date of June 9, 2025.